Standard Schedule
Unit Type Bedrooms per Unit Number of Units Total
Cost of
Housing
per Unit
Monthly
Utility
Allowance
per Unit
Monthly
Net Rent
per Unit
Yearly
Gross All
Units
2-BR 2 40 $482 $169 $313 $150,470
3-BR 3 12 $482 $201 $281 $40,533
Total Rent per Year $191,003

 

Energy Efficiency-Based Schedule for New Construction
Unit Type Bedrooms per Unit Number of Units Total
Cost of
Housing
per Unit
Monthly
Utility
Allowance
per Unit
Monthly
Net Rent
per Unit
Yearly
Gross All
Units
2-BR 2 40 $482 $152 $330 $158,630
3-BR 3 12 $482 $181 $301 $43,408
Total Rent per Year $202,038
Total Rent per Year (w/o Energy Efficiency Utility Allowance Tier 2) $191,003
   
Difference $11,035

Figure 1: Hypothetical Project Rental Income

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